GnosisDAO Governance Summary ~ 09 June 2023

The summer conference schedule is in full effect with Gnosis co-founder, Friederike Ernst making the rounds with recent talks at both ETHPrague and the Prague DeFi Summit. Check out our new Events page on gnosis.io to stay up-to-date on where to find Gnosis at upcoming conferences.

Let's jump into this weeks GnosisDAO governance summary ~

⚡Recent Snapshot Activity ⚡

GIP-86: Should the GnosisDAO commit to additional rETH usage in treasury operations? 🔴 Failed Quorum on May 29, 2023

Gnosis DAO / Chain has decentralization as its core ethos, focusing on a distributed validator set for the chain and an open DAO structure run by GNO holders. Despite this, our Treasury has nearly all of its staked ETH assets sitting with LIDO as stETH. Given the success of RocketPool Protocol in creating a massively decentralized validator set through rETH and RPL, this proposal recommends that Gnosis DAO commit to moving at least 50% of their stETH holdings to rETH holdings over time in order to support Ethereum decentralization and reduce single protocol and “bad actor” risk that comes from Lido’s limited node set (29 nodes vs Rocket Pool’s 2550 and growing nodes).

🦉Gnosis Forum🦉

GIP-87: Should the GnosisDAO claim its vested GEL allocation and delegate it along with COW to the governance Safe managed by karpatkey?

This proposal triggers the Gnosis DAO Safe to claim the fully vested GEL tokens from Gelato and then delegate the voting power of GEL and COW to the governance Safe managed by karpatkey following GIP-58.

🙏 Thank you

Come say hello in the Gnosis Chain Discord. Join us for the next GnosisDAO Community Call on Thursday, June 15th, 2023 at 3PM UTC / 5PM CET on the GnosisDAO Twitter Spaces.

See you on-chain!